Closer
Merchants Bank IN · Carmel, Indiana, US
Description As a Multifamily Closer, your primary responsibility is to facilitate the closing of Investment Real Estate loans, including bridge, construction...
Job description
Description As a Multifamily Closer, your primary responsibility is to facilitate the closing of Investment Real Estate loans, including bridge, construction, and line-of-credit transactions. You will also collaborate with Agency Closers (Fannie Mae, Freddie Mac, HUD) on complex deals. At Merchants, no two transactions are alike—we tailor financing solutions to meet our customers’ unique goals. If you thrive working independently, enjoy solving complex challenges, and aren’t someone who simply “checks the box,” we encourage you to apply today! Requirements: - Monitor and track insurance reviews with internal teams and consultants to ensure compliance with bank requirements. - Coordinate with the Bank’s legal representatives to schedule loan closings and collect required closing items from borrowers, internal teams, and legal counsel. - Prepare settlement statements that reflect loan committee approvals, accurately capturing equity contributions, loan disbursements, and third-party payments. - Arrange loan fundings, including requesting funds from the appropriate warehouse lender. - Work closely with legal counsel to prepare, review, and finalize loan documentation. - Review title a...